Press release
Global Electric Power Distribution Equipment Market Growth 2018-2023
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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Electric Power Distribution Equipment market for 2018-2023.
Electric power distribution system is the final stage in the delivery of electric power; it carries electricity from the transmission system to individual consumers. Distribution substations connect to the transmission system and lower the transmission voltage to medium voltage ranging between 2 kV and 35 kV with the use of transformers.
In this report, we study the electric power distribution equipment; mainly cover the transformers, switchgears and other equipment, like breaker etc.
First, for industry structure analysis, the electric power distribution equipment industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 37.84% of the revenue market.
Second, China occupied 28.61% of the production value market in 2015. It is followed by Europe and North America, which respectively have around 26.90% and 21.43% of the global total industry. Other countries have a small amount of production value.
Third, for forecast, the global electric power distribution equipment revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China. Although electricity transmission and distribution industry have a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend entering this market.
Over the next five years, LPI(LP Information) projects that Electric Power Distribution Equipment will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Power Distribution Equipment market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Transformers
Switchgears
Others
Segmentation by application:
Residential
Industrial& Agriculture
Commercial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
Eaton
Siemens
Schneider Electric
GE
Mitsubishi Electric
Hitachi
Toshiba
Fuji Electric
Hyundai
Alstom
Hyosung
TBEA
XD
Shanghai Electric
BTW
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electric Power Distribution Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Electric Power Distribution Equipment market by identifying its various subsegments.
Focuses on the key global Electric Power Distribution Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Power Distribution Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Power Distribution Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Related Information:
North America Electric Power Distribution Equipment Market Growth 2019-2024
United States Electric Power Distribution Equipment Market Growth 2019-2024
Asia-Pacific Electric Power Distribution Equipment Market Growth 2019-2024
Europe Electric Power Distribution Equipment Market Growth 2019-2024
EMEA Electric Power Distribution Equipment Market Growth 2019-2024
Global Electric Power Distribution Equipment Market Growth 2019-2024
China Electric Power Distribution Equipment Market Growth 2019-2024
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